The following issues have been halted by IIROC: Company: Whitehorse Gold Corp. TSX-Venture Symbol: WHG All Issues: Yes Reason: At the Request of the Company Pending News Halt Time : 10:24 AM IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory ...

The following issues have been halted by IIROC:

Company: Whitehorse Gold Corp.

TSX-Venture Symbol: WHG

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 10:24 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Cision View original content: http://www.newswire.ca/en/releases/archive/December2020/10/c0913.html

News Provided by Canada Newswire via QuoteMedia

Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property

Gold Mountain Updates Mineral Resource Estimate at the Elk Gold Property

Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSX:GMTN)(OTCQB:GMTNF)(Frankfurt:5XFA) is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate following the conclusion of its Phase 2 drill program at the Elk Gold Project. An updated technical report will be filed on the Company's website and SEDAR within 45 calendar days of this disclosure

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After reaching an all-time high last summer, the gold price has put out an underwhelming performance for much of 2021, leaving many investors wondering when it will take off again.

Values for the precious metal have failed to regain January’s momentum. Despite brief efforts in May and November, the gold price has struggled to stay above the US$1,800 per ounce mark.

For most of 2021, the yellow metal has battled a strengthening US dollar and gains in 10 year treasury yields. Investor risk appetite has also impeded growth for the safe haven asset.

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Rockridge Announces Passing of Director Richard Kusmirski

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Rick actively participated in the discovery of a number of uranium, gold and base metal deposits, and for several years, in his capacity as Exploration Manager, he directed Cameco Corporation's uranium exploration projects in the Athabasca Basin. In 1999, Rick joined JNR Resources becoming Vice President of Exploration in 2000. Subsequently, he directed the exploration program that led to the discovery of the Maverick Zone on the Moore Lake uranium project with then partner Kennecott Canada. Rick later became JNR's President and CEO in January of 2001, and continued leading the company until February of 2013, JNR was acquired by Denison Mines Corp. by way of a friendly all-share take-over bid. Rick also served as the industry Chair and Director of the Exploration Section of the Saskatchewan Mining Association for many years and was a director of Rockridge Resources Ltd., Bessor Minerals Inc. and several other publicly traded companies.

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The Company is also reporting particularly strong operating performance from El Peñón and Cerro Moro, both of which were planned to have higher production in the last several months of the year as they sequenced into higher grade zones, all of which supports the Company's previous guidance that fourth quarter production will exceed 270,000 gold equivalent ounces ("GEO") (1 ) and annual production will exceed overall 2021 guidance of 1,000,000 GEO (1 ) . Fourth quarter all-in sustaining costs ("AISC") (2) are also expected to be the lowest of the year and are estimated to be approximately $980 per GEO (1 ) or lower, which is 7% below AISC (2) reported for the prior three quarters.

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The Notes will be senior unsecured obligations of the Company and will rank equally with the Company's existing and future unsecured senior debt and senior to the Company's future subordinated debt. The Notes will be guaranteed on a senior unsecured basis by the Company's subsidiary Newmont USA Limited.

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DATE: December 8, 2021
TIME: 7:30AM PST / 10:30AM EST
LINK: https://bit.ly/3d42UQf

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